We looked inside some of the tweets by @davidgaffen and found useful information for you.
Inside 100 Tweets
During the "Castle in the Sky" TV screening there were 25,088 tweets per second, the most ever.
Whiting Petroleum, once the largest oil producer in North Dakota’s Bakken shale, files for bankruptcy https://reut.rs/3bLhXf9
But it's also notable because, as @ErnestScheyder notes, they were the biggest producer in North Dakota's Bakken region.
As for where we're headed, BofA points out that we've got roughly 900 mln bbls of storage available worldwide. "Oil tankers will act as storage of last resort. However, storage is already becoming expensive as tanker rates skyrocket and oil enters a steep contango." #OOTT
“It’s almost like we are on a different planet than we were a month ago,” said Daniel Yergin, the vice chairman of IHS Markit, who sometimes advises U.S. officials on energy. “It’s forcing everybody to rethink what’s possible, what’s not possible.” #OOTT #OPEC
Or maybe I'll get into it just a little: “There is so much oil and in some cases it’s probably less valuable than water. At some points of the world the water is much more valuable. So, we’ve never seen anything like it,” Trump said. (We have seen things like this...)
Basically they're saying storage is going to be filled by May -- and that leaves producers with a stark choice: shut in production or find no buyers. https://www.reuters.com/article/global-oil-texas-opec/oil-pipeline-producer-standoff-prompts-new-call-for-texas-shale-curbs-idUSL1N2BH2GM … #OOTT
Per our @RaniaElGamal10 the Saudis are now producing more than 12 mln bpd - which is what they were promising (oy). #OOTT So that's more barrels on the way. Which is why the likes of the pipeline companies are saying they don't want anything from producers.